KING Products partners with Nippon Telegraph & Telecom Corporation, the world's largest telecom company (Canada Newswire; 11/24/98)
TORONTO, Nov. 24 /CNW/ - King Products Inc. announced today that it has signed a Memorandum of Understanding for a joint marketing alliance with NTT's Business Communications Group, based in Tokyo, Japan. Under this marketing agreement, NTT plans to introduce and market in Japan, KING solutions for public access to Internet Services, E-Commerce and Multimedia Telephony. KING and NTT bring complementary strengths to the new partnership. NTT, a $71billion telecom giant, is primarily engaged in the provision of nationwide telecommunication services in Japan, including long distance, local, mobile wireless and new emerging multimedia services. KING is a world leader in multimedia computer telephone integration (CTI) to provide public access to web-based services such as e-mail, video conferencing and retail, financial and government services in public spaces. KING has sold more than 2,000 Public Multimedia Internet systems, worldwide. "Powerful social, economic and technological trends in Japan are driving demand growth for diverse communication services, including interactive multimedia services from Internet enabled phones and kiosks," said Anthony E. Siregar, KING Vice President, International Business Development. NTT and KING will jointly pursue new business opportunities targetted at public access to web browsing, Internet telephone and e-commerce in Japan and abroad. NTT's vision for global expansion include market entry into other Asian nations, Europe and the USA. KING Products Inc. is an advanced technology innovation and integration company. The company designs, manufactures and markets web based computer/telephony integrated products for public access to Internet. The user interface incorporates interactive touch screen that provides the public with access to a wide range of commercial transactions and communication capabilities. The products can be networked and are typically located in such public spaces as airports, hotels, malls and office buildings. KING is based in Toronto, Canada, with offices in New York and Kansas City. The company is traded on the Canadian Dealing Network under the symbol "KINK."
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